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NexPoint Diversified Real Estate Trust Announces Preferred Share Distribution - NexPoint Diversified Real (NYSE:NXDT)

  • NexPoint Diversified Real Estate Trust announced a quarterly distribution of $0.15 per common share, payable on March 31, 2025, to shareholders of record on February 28, 2025.
  • The cash component of the distribution will not exceed 20%, with the remainder paid in common shares, allowing compliance with REIT qualification requirements.
  • Shareholders will be given an election to receive the distribution in cash or common shares, with a deadline for elections set for March 14, 2025.
  • NexPoint Diversified Real Estate Trust anticipates that the dividend will be taxable to shareholders, regardless of the form received, advising consultation with tax advisers for guidance.
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Benzinga broke the news in New York, United States on Tuesday, February 18, 2025.
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